Reducing inequality of trade

Description

Reducing inequality of trade involves implementing policies and mechanisms that ensure fairer access to global markets for developing and marginalized economies. Essential actions include revising trade agreements, eliminating discriminatory tariffs and subsidies, supporting capacity-building, and promoting equitable standards. These measures aim to remedy imbalances that disadvantage poorer nations, enabling them to compete effectively, benefit from international trade, and achieve sustainable economic growth, thereby addressing persistent disparities in global wealth and opportunity.